Is a 1987-type market crash 37 days away?
USA - Investors marveling at the striking similarities of the bull market today to the one that ended in 1987 are hoping history doesn’t repeat itself. If it does, the market could be in some serious trouble in 37 trading days. In 37 trading days, the ongoing bull market would be 1,311 trading days old, says Jim Paulsen of Wells Capital Management. That is a scary date because it was on the 1,311 trading day after the start of the 1982 bull market that the Standard & Poor’s 500 suffered its biggest one-day crash in history on October 19, 1987. That crash snuffed out what had been a powerful market rally starting in 1982. Normally these kinds of things are just market oddities. But investors are taking this one seriously since there are such strong similarities with the 1982 bull market and the one the market is currently in.
Russia Threatens Retaliation After JPMorgan Blocks Embassy Money Transfer
RUSSIA - Russia’s foreign ministry has threatened to impede the operations of American diplomatic missions in the country, after US bank JPMorgan Chase on Tuesday blocked a remittance from the Russian embassy in Kazakhstan to an insurance agency. The Russian embassy had been due to transfer less than $5,000 to the Sogaz Insurance Group for regular services rendered, according to the Financial Times, but JPMorgan halted the transaction as Sogaz was part-owned by Bank Rossiya, one of the targets of US sanctions announced on March 20. Interfering with the transaction was an “absolutely unacceptable, illegal and absurd decision,” Alexander Lukashevich, a foreign ministry spokesman, said in a statement.
After 13yrs of US occupation in Afghanistan and the war on drugs: Opium cultivation is at a record all-time high
AFGHANISTAN - Opium poppy cultivation in Afghanistan rose 36 per cent in 2013, a record high, according to the 2013 Afghanistan Opium Survey released today in Kabul by the Ministry of Counter Narcotics and UNODC. Meanwhile, opium production amounted to 5,500 tons, up by almost a half since 2012. Calling the news “sobering”, Yury Fedotov, Executive Director of UNODC, stressed that this situation poses a threat to health, stability and development in Afghanistan and beyond: “What is needed is an integrated, comprehensive response to the drug problem. Counter-narcotics efforts must be an integral part of the security, development and institution-building agenda”.
Parents told to vaccinate newborn or have him seized by the state
USA - Parents of a healthy newborn infant were told to consent to injecting him with drugs or lose him to the state. This successful blackmail scheme was made possible by the state’s horrifying ability to seize children without due process.
Aliea Bidwell and Ben Gray became new parents on March 14th, 2014. Their experience turned from joy to dismay when their parenthood was already being threatened on their son’s first day outside of the womb. Ben and Aliea gave a detailed account of their experience to The INQUISITR.
When the parents expressed their desire to forgo vaccines for their hours-old baby, they drew the ire of a particularly nasty staff member at St Vincent’s Hospital. A pediatrician named Dr Terry M Bierd allegedly told the parents that they would either submit their son, Aaron, to a Hepatitis B vaccine or else she would call Alabama’s Child Protective Services (CPS) to report them as negligent parents. The threat was very real, in a system which allows families to be split apart without a trial, without evidence, without a defense, without a jury — without a law even being broken.
Dr Bierd allegedly said that once Aaron was in the hands of social workers, he would be injected immediately and it would be difficult for them to get him back. It should be noted that there is absolutely no law requiring vaccines of any kind for any newborn. Declining vaccines at birth is common and completely within the rights of the parents. Even when children become of age for public school, there are exemptions to the vaccine suggestions in all 50 states.
Inside the Military’s New Office for Cyborgs
USA - The ability to link human brains to machines, create new life forms and build Star Trek-style disease detectors will be the focus of a new Defense Department office soon. The new office, named the Biological Technology Office, or BTO, will serve as a clearinghouse for Defense Advanced Research Projects Agency, or DARPA, programs into brain research, synthetic biology and epidemiology.
The office will cover everything from brewing up tomorrow’s bioweapon detectors and connecting humans to computers to designing entirely new types of super-strong living materials that could form the basis of future devices.
The human brain is often called the most complex object in the known universe, composed of 100 billion neurons and 100 trillion synapse connections. As a computer, it performs 10,000 trillion operations per second. That’s about one third as fast as the Chinese Tianhe-2 Super computer, which can perform 33,860 trillion calculations per second. But the human brain does it’s calculating with just 20 watts of power. Tianhe-2 needs 24 million watts.
EU agrees to launch military operation in Central African Republic
EUROPE - European Union Force RCA, led by the French Major-General Philippe Ponties, will comprise up to 1,000 troops. They are to provide “temporary support in achieving a safe and secure environment in the area, with a view to handing over to a UN peacekeeping operation or to African partners.” The HQ and the troops will be located in Bangui, the capital of the Central African Republic and its largest city. The operational center will be located in Larissa, Greece. The troops are to be deployed rapidly to ensure "the immediate effect" of the operation. The mission is tasked with “protecting the populations most at risk and to the creation of the conditions for providing humanitarian aid.”
Jews Petition Police to Offer Passover Sacrifice on Temple Mount
TEMPLE MOUNT, JERUSALEM, ISRAEL - Two Jews have petitioned Jerusalem police in the name of dozens of others for permission to carry out the mitzvah of the Passover sacrifice on the Temple Mount this year, for the first time in nearly 2,000 years. The petitioners claim that police authorization is the only obstacle to ascending the Temple Mount, praying and offering their sacrifice of a lamb, as commanded in the Torah.
They said 100 Jews will be present and will bring with them a portable sacrificial altar and other equipment as described in the Torah. Rabbi Menachem Boorstein, who is involved with studies of the Holy Temples, said that the mitzvah of the Passover sacrificial offering can be carried out without violating Jewish law. The Chief Rabbinate forbids Jews from ascending the Temple Mount, while a growing number of national religious rabbis permit it under certain conditions and in certain places.
Even the idea of publicly asking for permission to offer the sacrifice, let alone the act itself, could be enough to set off Arabs to wage an all-out war. Every time a Jews dares to mumble a prayer on the Temple Mount, Muslim officials and police immediately drag them away.
Prayer on the Temple Mount can wait
TEMPLE MOUNT, JERUSALEM, ISRAEL - It has recently been reported that a group of prominent Israeli rabbis and other public figures, among them some who are considered to be moderates, not extremists, has written a letter to the prime minister urging that he “establish a place of prayer for Jews on the Temple Mount,” which seems to mean to permit the building of a synagogue there. One supporter of this project even wrote in this newspaper that building a synagogue there “will not heighten the Arab-Jewish conflict, it will lessen it.”
Remembering such things as the reaction when Binyamin Netanyanhu opened the tunnel from the Western Wall, what happened when Ariel Sharon went up to the Temple Mount, what happens every time Moshe Feiglin goes there, the difficulties in even repairing the bridge leading up to it, can one seriously believe that we can build a synagogue there and there will be no problems, no riots? That this will reduce friction and not impede in any way peace negotiations or any hope for such negotiations? I am perfectly willing to admit that we have a right to visit there, to pray there, perhaps even to build a synagogue there – although I am not certain what the Jewish reaction would be to Arabs building a mosque in the area of the Western Wall.
But what is our right and what is prudent to do at this moment are not the same thing. This is not a situation of our own doing. We did not simply pull a Putin and occupy an adjacent independent state. We entered a defensive war and had Jordan’s King Hussein listened to us, he would not have attacked and his son would today rule over that territory. Nor did we create the refugee problem out of our own initiative. Had the Arabs accepted the UN partition plan, there would have been no war and no refugees.
The Queen meets Pope Francis on visit to Rome
VATICAN - The Queen has met Pope Francis for the first time during a five hour visit to Rome, receiving a gift for Prince George from the pontiff. After lunch with President Giorgio Napolitano in the Quirinale palace, the Queen crossed the Tiber for a private audience with the Pope, who gave her a blue orb decorated with a silver cross for her eight-month-old grandson. It is the Queen's first visit to Rome in 14 years. She was welcomed by an honour guard of Sardinian grenadiers, Carabinieri cavalry, navy and air force, and given a bouquet of flowers by an eight-year-old girl. The visit was agreed amid assurances that the Holy See would remain neutral on the contentious issue of the Falkland Islands.
Chile leader evacuates as second big quake strikes
CHILE - A powerful 7.6 magnitude earthquake has rocked northern Chile, just over 24 hours after an 8.2 tremor killed six people, destroyed 2,600 houses and led to mass evacuations. A tsunami alert in Chile and Peru was again issued, but was later lifted after waves of 2.4ft (0.7 meters) hit coastal areas. Chilean President Michelle Bachelet was among those evacuated on Thursday. The quake is the strongest of several aftershocks following Tuesday's tremor. The aftershock caused buildings to wobble and people to run into the streets in the port of Iquique, which was one of the cities hit by Tuesday night's quake. Fires destroyed some businesses in the area and fishermen found their boats sunken and damaged in Iquique harbour.
The rats are on the move - and nowhere is safe
UK - “They are definitely getting bigger” is one of those phrases that men like chief pest control officer Colin Watts utter with just a hint of glee. On the streets where he operates, there have been 5,100 rat sightings in the past year, some the size of small cats. Watts recalls encountering one two-foot hulk as “wide as a brick”. Others he has trapped have weighed the equivalent of two bags of sugar.
Watts works for Birmingham City Council, which holds the dubious honour of more complaints of rat infestations than any other area in the country (25.22 requests per 1,000 residents), placing it marginally ahead of Blaenau Gwent and Bridgend in South Wales. The unwanted of England’s second city are not merely expanding in girth, but in territory, too. This week there have been alarming reports of rodents swarming the streets, breaking holes in walls and ravaging bins.
Birmingham may be the epicentre of Britain’s rat kingdom, yet in other, more idyllic, locations, the rats are also on the move. Far away from spilled bin bags in city centre alleys, rural homeowners are now being invaded. The new arrivals in towns and villages are thought to be an unexpected and most unwelcome result of the winter floods. With nests and food sources washed away in the wettest winter on record, rats are being forced to find new countryside homes.
150 scientists condemn Seralini GMO study retraction as attack on scientific integrity
USA - Scores of scientists have condemned a journal editor's retraction of a study that reported a number of serious side effects in lab rats that consumed Monsanto's genetically modified maize and Roundup herbicide. In all, according to a press release by a group called End Science Censorship, the number of scientists decrying the retraction has climbed to 150.
The group said the editor of the Elsevier journal Food and Chemical Toxicology (FCT), Dr A Wallace Hayes, claimed that the retraction of a study conducted by a team headed by Professor Gilles-Eric Seralini was due to some "inconclusive" findings. But that rationale has been roundly criticized by scientists who point out that many studies contain findings that are not at all conclusive.
What is also noteworthy, they point out, is that the retraction comes just a few months after the arrival of a former Monsanto scientist on the editorial board of the scientific journal. "It is a criminal attitude," said Dr Mohamed Habib, a professor of entomology at the University of Campinas, Brazil, who has signed a petition opposing the retraction.
"Truth and ethical values have to be considered as more important than money. The article must be reinstated," he said, adding that the retraction appeared to indicate that powerful economic interests influenced the journal's decision.
The Chinese Are Acquiring Large Chunks Of Land In Communities All Over America
CommentUSA - Has the United States ever experienced a time when a foreign nation has attempted to buy up so much of our land all at once? As you will read about in this article, the Chinese are on a real estate buying spree all over America. In fact, in some cases large chunks of land are actually being given to them. Yes, you read that correctly. China is on the way to becoming the dominant land owner in the entire country, and that is starting to alarm a lot of people. Do we really want a foreign superpower to physically own so much of our territory?
There are some that are playing down this threat by making a distinction between the Chinese government and Chinese corporations, but things work differently over in China than they do here. In China, the government is involved in everything. In fact, 43 percent of all corporate profits in China are produced by companies that the Chinese government controls. And all of the rest of the companies are very careful to follow the lead and direction of the Chinese government.
That is why what is going on in places such as Thomasville, Alabama is so alarming. Small communities such as Thomasville are so starved for jobs that they are willing to give land away for free to Chinese companies in order to entice them to build factories…
Republicans Fear Obama Will Let Russia Seize Internet Power
USA - An Obama administration plan to give up oversight of certain technical Internet functions could open the door to a takeover by authoritarian regimes, Republican lawmakers claimed Wednesday. If Russia or China gain new influence over the management of the Internet, they could begin censoring content or blocking websites, the Republicans warned. "Make no mistake: Threats to the openness and freedom of the Internet are real," said Republican Representative Greg Walden, the chairman of the House Energy and Commerce Communications and Technology Subcommittee, which held a hearing on the issue Wednesday. "Leaders such as Vladimir Putin have explicitly announced their desire to gain control of the Internet."
US stock markets are rigged, says author Michael Lewis
USA - The US stock market is rigged in favor of high-speed electronic trading firms, which use their advantages to extract billions from investors, according to Michael Lewis, author of a new book on the topic, "Flash Boys: A Wall Street Revolt."
High-frequency trading (HFT) is a practice carried out by many banks and proprietary trading firms using sophisticated computer programs to send gobs of orders into the market, executing a small portion of them when opportunities arise to capitalize on price imbalances, or to make markets. HFT makes up more than half of all US trading volume.
The trading methods and technology that make HFT possible are all legal, and the stock exchanges HFT firms trade on are highly regulated. But Lewis said these firms are using their speed advantage to profit at the expense of other market participants to the tune of tens of billions of dollars.
"They are able to identify your desire to buy shares in Microsoft and buy them in front of you and sell them back to you at a higher price," Lewis, whose book is available on Monday, said on the television program "60 Minutes" on Sunday.
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The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.